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Earlier editions: 2020-112018-11

TITLE 1. GENERAL 100-7931.000›DIVISION 8. SECURITIES OWNED BY STATE AGENCIES 7600-7605›CHAPTER 1. Investment of Securities Owned by State Agencies 7600-7605›ARTICLE 1. General 7600-7601

§ 7600

California Government Code · 2026-10 edition · updated 2026-10-04 · California

It is the intent of the Legislature that:

(a) Specified state agencies be authorized to invest marketable securities by entering into security loan agreements;

(b) State agencies charged with such authority exercise prudence in making such agreements;

(c) Sound fiscal management be established with respect to transactions involving security agreements.

(Added by Stats. 1975, Ch. 1214.)

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